A BILL TO BE ENTITLED
AN ACT directing the state board of education to revise the low‑wealth schools funding formula, as necessary, to ensure that it appropriately targets low‑wealth school systems.
The General Assembly of North Carolina enacts:
SECTION 1.  The State Board of Education shall study the low‑wealth school funding formula and shall revise it, as necessary, to ensure that it appropriately targets low‑wealth school systems.  The revised formula shall be used to distribute low‑wealth school supplemental funds, beginning with the 2007‑2008 fiscal year.
SECTION 2.  This act is effective when it becomes law.